387 Freeman AVE Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90814
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID PW24106426
Year Built 1923
Lot Size 6,503 Sqft
Property Description
***Priced Reduced*** Prime Bluff Heights location. First time for sale in 30+ years! Front Craftsman duplex plus 4 units in rear of lot. Excellent low-vacancy rental area! Unit mix: 6-(1 Br's), 4-(Parking). The low rents make this an excellent $ opportunity to create add-on value! Tenants all pay their own gas and electric.
There is a laundry room in the front house shared with the whole property.
The front house is a duplex with a small one bedroom in front. It has new vinyl floors but is otherwise dated. The other unit back/front is a gorgeously renovated one bedroom with new kitchen , floors , vinyl windows , dishwasher and gets great light. Pictures of this unit included. Units are appx. 600 SF each.
The back four units are large one bedrooms. They have nice sized living rooms and the kitchens are connected to small dining area. Units are appx. 720 SF each. There is a large basement (access from back) but it's unused.
Owner may carry 1st TD with 50% down at 5.5% for 5 years.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR2A
Interior
Cooling None
Laundry Common Area
Exterior
Garage Driveway
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Composition
Building
Lot Description Near Public Transit,Street Level,Walkstreet
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Trust